Tianyu Digital Technology (Dalian) Group Balance Sheet Health
Financial Health criteria checks 6/6
Tianyu Digital Technology (Dalian) Group has a total shareholder equity of CN¥1.6B and total debt of CN¥9.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥2.1B and CN¥507.6M respectively. Tianyu Digital Technology (Dalian) Group's EBIT is CN¥31.0M making its interest coverage ratio 15.7. It has cash and short-term investments of CN¥355.9M.
Key information
0.6%
Debt to equity ratio
CN¥9.23m
Debt
| Interest coverage ratio | 15.7x |
| Cash | CN¥355.89m |
| Equity | CN¥1.57b |
| Total liabilities | CN¥507.62m |
| Total assets | CN¥2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002354's short term assets (CN¥935.0M) exceed its short term liabilities (CN¥485.7M).
Long Term Liabilities: 002354's short term assets (CN¥935.0M) exceed its long term liabilities (CN¥21.9M).
Debt to Equity History and Analysis
Debt Level: 002354 has more cash than its total debt.
Reducing Debt: 002354's debt to equity ratio has reduced from 65.8% to 0.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002354 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002354 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 45.9% each year